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Entertainment Robots Market size is set to grow by USD 96.88 billion from 2024-2028, increasing demand for entertainment robots for leisure purposes boost the market, Technavio

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NEW YORK, June 18, 2024 /PRNewswire/ — The global entertainment robots market size is estimated to grow by USD 96.88 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  34.24%  during the forecast period. Increasing demand for entertainment robots for leisure purposes is driving market growth, with a trend towards increasing focus on collaboration and launch of new products. However, high initial investment and servicing costs for vendors  poses a challenge. Key market players include BLUE FROG ROBOTICS SAS, fischerwerke GmbH and Co. KG, HANSON ROBOTICS Ltd., Hasbro Inc., Intuitive Robots, KUKA AG, LEGO System AS, Mattel Inc., Modular Robotics Inc., Neobotix GmbH, PAL Robotics, RN Chidakashi Technologies Inc., ROBOTIS Co. Ltd., RobotShop Inc., Sarcos Technology and Robotics Corp., SoftBank Robotics Group Corp., Sony Group Corp., Sphero Inc., UBTECH Robotics Inc., and WowWee Group Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Entertainment Robots Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 34.24%

Market growth 2024-2028

USD 96882 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

26.96

Regional analysis

Europe, APAC, North America, Middle East and Africa, and South America

Performing market contribution

North America at 32%

Key countries

US, Germany, China, UK, and Japan

Key companies profiled

BLUE FROG ROBOTICS SAS, fischerwerke GmbH and Co. KG, HANSON ROBOTICS Ltd., Hasbro Inc., Intuitive Robots, KUKA AG, LEGO System AS, Mattel Inc., Modular Robotics Inc., Neobotix GmbH, PAL Robotics, RN Chidakashi Technologies Inc., ROBOTIS Co. Ltd., RobotShop Inc., Sarcos Technology and Robotics Corp., SoftBank Robotics Group Corp., Sony Group Corp., Sphero Inc., UBTECH Robotics Inc., and WowWee Group Ltd.

Market Driver

The entertainment robots market is undergoing a notable shift, with a heightened emphasis on partnerships and the introduction of new products. In October 2022, Hanson Robotics collaborated with Playasia to create a merchandise line inspired by SOPHIA the Robot. This collection, consisting of themed clothing, artwork, posters, and collectibles, will be accessible through SOPHIA’s online boutique. In December 2023, Sphero Inc. Launched the Sphero BOLT Power Up Program, offering Title I schools, non-profits, and youth organizations the chance to use a Sphero BOLT Power Pack for six weeks. This initiative aims to reach 1,500 students as part of Sphero’s commitment to the CSForAll initiative. These collaborations and product launches will continue fueling the growth of the global entertainment robots market. 

The Entertainment Robots Market is experiencing significant growth with advancements in technology. Animation and marketing industries are utilizing robots for creation and promotion. Robots like Chatbots and Virtual Assistants are popular in this sector. Robots are used for creating content, interacting with audiences, and providing personalized experiences. Programmable robots like Sphero and Animatronics are used for live performances and events. Robots are also used for creating art and music. Companies are investing in research and development to create more advanced and interactive robots. The use of robots in entertainment is a trend that is here to stay. Robots are becoming an essential tool for content creation and audience engagement. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

•         The entertainment robots market experiences consistent growth, despite the high costs associated with development. These expenses include purchasing raw materials, establishing manufacturing facilities, investing in machine learning and artificial intelligence, and ongoing research and development. Robots’ complexity necessitates extensive testing to ensure safety before commercialization. Running a robotics company demands significant technological expertise and continuous innovation. While numerous startups have emerged, some struggle financially and fail. Proper maintenance and servicing are essential to maintain robots’ optimal performance and longevity. Neglecting servicing may result in breakdowns and malfunctions. For instance, the production of Pepper, SoftBank’s humanoid robot, ceased due to its limited functionalities, indicating the importance of continuous improvement to remain competitive in the market.

•         The Entertainment Robots Market is experiencing significant growth with various players introducing innovative robotic solutions. However, challenges persist in this sector. One major challenge is the need for advanced technology to create realistic and engaging experiences for users. Another challenge is the high cost of development and production, limiting the accessibility of these robots to a wider audience. Additionally, ensuring the safety and ethical use of these robots is a concern for both manufacturers and consumers. Furthermore, the need for continuous innovation to keep up with consumer demands and preferences adds to the complexity of the market. Despite these challenges, the Entertainment Robots Market continues to show promise, with potential for significant growth in the coming years.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This entertainment robots market report extensively covers market segmentation by  

Product 1.1 Robotic toys1.2 Educational robots1.3 Robotic companion petsEnd-user 2.1 Media2.2 Education2.3 RetailGeography 3.1 Europe3.2 APAC3.3 North America3.4 Middle East and Africa3.5 South America

1.1 Robotic toys-  The entertainment robots market encompasses a diverse range of robotic toys, including animal and vehicle models, that provide amusement for both children and adults. Robots mimicking humans with programmed commands, remote control, and sensor signals add to their appeal. Hasbro’s Transformers Optimus Prime, a converting programmable robot, showcases advanced technology with mobile app control and voice commands. The market’s growth is driven by increasing demand from adults and the emergence of humanoid robots. Vendors continue to innovate to stay competitive.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Entertainment Robots Market encompasses a wide range of robotic technologies designed to provide engagement and therapeutic assistance in healthcare settings. These robots, which include toy robots, dancing speakers, and humanoid robots, are powered by advanced electronics and semiconductors, as well as artificial intelligence (AI), robot vision, and cognitive computing. Patients experience care and comfort through multimedia tasks, narrative environments, and cultural entertainment. Entertainment robots are equipped with microphones and voice recognition for interaction, while face recognition enables personalized experiences. Dance routines and singing add to their entertainment value. The Entertainment Robots Market is showcased at trade fairs, highlighting the latest innovations in this field.

Market Research Overview

The Entertainment Robots Market encompasses a variety of robotic systems designed to provide amusement, engagement, and interaction for individuals. These robots utilize advanced technologies such as artificial intelligence, machine learning, and computer vision to deliver unique experiences. They can be found in various sectors including education, healthcare, hospitality, and entertainment industries. Robots used in entertainment can range from humanoid robots performing dance routines to interactive robots engaging in conversation with visitors. The market for these robots is growing rapidly due to increasing demand for personalized and immersive experiences. Additionally, advancements in technology continue to drive innovation in the field, leading to new applications and use cases. Overall, the Entertainment Robots Market presents significant opportunities for growth and development in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductRobotic ToysEducational RobotsRobotic Companion PetsEnd-userMediaEducationRetailGeographyEuropeAPACNorth AmericaMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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SafeLogic Unveils SafeLogic CPM: A Comprehensive Cryptographic Posture Management Solution for the Transition to Post-Quantum Cryptography

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New solution delivers continuous cryptographic visibility, risk-based PQC migration planning and crypto-agile governance in a comprehensive modular platform

VIENNA, Va., July 23, 2026 /PRNewswire/ — SafeLogic, a leading provider of cryptographic software, announced SafeLogic Cryptographic Posture Management (SafeLogic CPM™), a comprehensive modular platform that enables organizations to attain continuous visibility into their operational cryptography use, prioritize PQC migration efforts based on real business risk and contextual operational use context, execute remediation with SafeLogic’s FIPS 140 validated post-quantum cryptography, and attain policy driven crypto-agile governance of ongoing cryptographic use.

As governments and regulators worldwide move from planning to active PQC migration, organizations face a fundamental challenge: they cannot modernize cryptography they cannot see and understand.

SafeLogic Cryptographic Posture Management addresses this challenge by delivering continuous visibility into cryptographic assets and combining automated discovery, CBOM-based inventory, contextual risk prioritization and integrated remediation into a single platform. Rather than relying on one-time assessments, organizations gain continuous insight into evolving cryptographic risks as applications change, new code is deployed and threats emerge. By adding business context to cryptographic findings, SafeLogic CPM enables security teams to prioritize the most critical remediation efforts and accelerate their transition to quantum-resistant cryptography while maintaining crypto-agile governance.

This system allows organizations to move seamlessly from understanding where cryptography exists to replacing vulnerable implementations with validated quantum-resistant cryptography without stitching together multiple vendors or disconnected tools. Unlike traditional scanning tools that provide only isolated snapshots, SafeLogic CPM continuously discovers cryptography across the software lifecycle. The solution combines multiple discovery methods including CI/CD pipeline scanning, host-based analysis, network TLS discovery, and runtime telemetry to build a single correlated inventory of cryptographic assets.

Evgeny Gervis, CEO of SafeLogic, said: “The biggest obstacle to post-quantum migration is understanding where cryptography exists, determining what actually matters, and remediating it without disrupting operations. Paralysis by analysis that often comes from wading through noisy data from traditional cryptographic discovery tools is no longer an option.  The time to prioritize, remediate and govern cryptographic use is here and that is exactly what SafeLogic CPM does.”

Key capabilities of SafeLogic Cryptographic Posture Management include:

Continuous cryptographic discovery across application source code, cryptographic libraries, operating systems, certificates, TLS communications, and runtime execution. Layered agent and agentless sensors that provide comprehensive visibility throughout development, deployment, and production environments.A continuously updated, correlated cryptographic inventory exported as a standards-based CycloneDX CBOM for compliance and audit readiness.Business-aware prioritization that combines technical findings with operational context to identify the highest-risk assets first.Integrated remediation, enabling organizations to replace vulnerable cryptography with SafeLogic’s validated quantum-resistant implementations without disrupting existing software delivery processes.Policy-based governance that enables organizations to define approved cryptographic standards, continuously enforce compliance, and identify policy violations across the enterprise.Modular and flexible deployment that integrates with existing telemetry sources, discovery tools and reporting dashboards, enabling organizations to adopt their needed SafeLogic CPM capabilities while preserving their existing security investments.

SafeLogic’s more than fifteen years of leadership in developing, certifying, and delivering strong FIPS 140 validated cryptographic software across enterprise, cloud, mobile, embedded, IOT, to mainframe environments.  The company has also taken a leadership role with PQC standardization and adoption, with deep involvement in shaping government policy, including leading NIST NCCOE’s Cryptographic Visibility and Risk Based Management workstream.  This combination of deep cryptographic expertise and PQC leadership uniquely position SafeLogic to deliver a comprehensive approach to cryptographic posture management.

As organizations prepare for evolving requirements including NIST’s post-quantum standards, NSA’s CNSA 2.0 guidance, and increasing regulatory expectations worldwide, SafeLogic CPM provides a unified platform for continuous cryptographic discovery, risk-based prioritization and remediation enabling organizations to confidently manage their transition to quantum-resistant cryptography from assessment through deployment, while also uncovering and addressing existing cryptographic technical debt and enabling ongoing crypto-agile management of cryptography going forward.

SafeLogic Cryptographic Posture Management is available immediately. For more details, visit our blog.

About SafeLogic

Founded in 2012, SafeLogic’s validated, holistic, and interoperable cryptographic software products enable enduring privacy and trust in the ever-changing digital world. Trusted by many top firms, SafeLogic expedites and streamlines the adoption of FIPS 140-validated classical and post-quantum cryptography while enabling strong entropy, crypto-agility, and cryptographic posture management.

Media Contact:
Shannon Van Every
Shannon@force4.co

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SOURCE SafeLogic

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SpeedBuilder Systems Launches FormMaker 2.0 to Accelerate Insurance Document Automation

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COLUMBIA, S.C., July 23, 2026 /PRNewswire/ — SpeedBuilder Systems, Inc. (“SBS”), an award-winning provider of SaaS solutions for the property and casualty insurance industry, today announced the release of FormMaker 2.0, the latest version of its insurance document automation solution. Fully integrated with Microsoft Word and the BindExpress Suite, FormMaker enables insurers to create, edit, and maintain policy forms without relying on software developers or IT resources.

Maintaining insurance forms is one of the most complex and costly aspects of policy administration due to frequent product updates, evolving regulations, and state-specific filing requirements. FormMaker 2.0 streamlines the process by giving business users direct control over document creation and maintenance.

“Form and document management remains one of the biggest operational challenges for insurers,” said Rod Giess, president and founder of SpeedBuilder Systems. “FormMaker 2.0 gives carriers greater control over their documents, reduces dependence on IT, and helps them respond more quickly to regulatory and product changes.”

FormMaker 2.0 features a redesigned interface with enhanced editing and formatting tools, improved search and navigation, configurable keyboard shortcuts, better image handling, and flexible PDF generation. These enhancements enable users to produce sophisticated, data-driven insurance documents more efficiently and accurately.

“Technology should make insurers more agile, not more dependent on technical resources,” Giess added. “FormMaker 2.0 reflects our commitment to delivering practical solutions that improve operational efficiency while giving insurers greater flexibility and control.”

By allowing business analysts to manage forms within the familiar Microsoft Word environment, FormMaker 2.0 reduces implementation costs, accelerates document updates, and frees IT teams to focus on higher-value strategic initiatives.

About SpeedBuilder Systems

SpeedBuilder Systems, Inc. (www.speedbuildersystems.com) offers large enterprise-class solutions for small to medium-sized P&C insurance carriers and MGAs. The BindExpress Suite® is an integrated set of components including policy administration, rating, automated underwriting, agent and consumer portals, product configuration, billing, claims, automated workflow,  and document generation.  Its AlwaysCurrent Architecture™ enables customers to tailor the system to their unique requirements while adopting future product enhancements – without costly retrofitting of customized code.

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SOURCE SpeedBuilder Systems, Inc.

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New Unlock Survey: Homeowner Parents Face a Dual Caregiving Crisis

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41% are supporting both their children and their parents at the same time – and most aren’t clear how the home equity they’ve built could help.

TEMPE, Ariz., July 23, 2026 /PRNewswire/ — A new national survey* commissioned by Unlock, a leading provider of home equity agreements (HEAs), reveals that homeowners who are also parents are navigating a financial squeeze that goes well beyond the typical cost-of-living pressures. Caring simultaneously for children and aging parents – a dynamic coining the term “sandwich generation” – is forcing homeowners to make trade-offs with real, long-lasting consequences.

The squeeze is coming from both directions
The dual caregiving burden is hitting hard in both directions: a staggering 41% of homeowner parents are also financially supporting their own parents in some way, with roughly 4 in 10 saying summer childcare costs (42%) and school-year childcare (41%) are adding a significant financial burden. More than half (56%) say caregiving costs are affecting their long-term financial plans.

“Behind every statistic about the sandwich generation is a real person making painful tradeoffs,” said Michael Micheletti, chief communications and marketing officer at Unlock. “A parent who didn’t see a doctor this year. A family living with a leak they can’t afford to fix. A couple quietly closing the door on having another child. These aren’t data points; they’re what it looks like when financial pressures reshape people’s lives.

Today’s expenses, tomorrow’s trade-offs
More than seven in ten (71%) homeowner parents say today’s expenses are preventing them from building future wealth. That financial pressure is shaping major life decisions:

66% would send their children to a better school if they could afford it;66% believe paying for college will reduce their retirement savings;47% are delaying home repairs or improvements;43% have decided not to expand their families even though they’d like to.

Among homeowners without a mortgage, 30% still strongly agree that today’s expenses are holding them back from building wealth. That’s nearly as many as the 36% who still carry one, signaling that the culprit isn’t a monthly mortgage payment; it’s everything else.

The equity is there. So is the opportunity to explore it.
Yet American homeowners collectively hold nearly $35 trillion in home equity, averaging $274,000 for a typical U.S. homeowner – and many homeowner parents don’t realize they may be able to access it.

“There’s a significant gap between what homeowners have built and what they believe is available to them,” continued Micheletti. “Forty percent of the people we surveyed don’t know how much equity they have, and 39% don’t think they’d qualify for any option to tap into it. That’s worth talking about, regardless of what they ultimately decide to do with it.”

*METHODOLODY: Unlock commissioned Atomik Research to conduct an online survey of 1,500 homeowner parents of children throughout the United States from May 28 to June 1, 2026. The margin of error is ±2.5 percentage points at a 95% confidence level. Atomik Research, part of 4mediagroup, is a creative market research agency.

Home equity agreements are offered by Unlock Home Equity Solutions Inc. (NMLS# 2657081) in certain states: www.nmlsconsumeraccess.org. Visit Unlock.com/licenses for more information.

About Unlock
Founded in 2020, Unlock Technologies is a Tempe, Arizona-based financial technology company providing products and services that help consumers solve financial challenges and improve their financial health. The company’s flagship product is its home equity agreement, a financing option for homeowners who want to access the equity they have built, without adding monthly payments or having to refinance or sell their home.  

Media contact: Allison Ferré, Communications and Public Relations Director, allison.ferre@unlock.com

View original content:https://www.prnewswire.com/news-releases/new-unlock-survey-homeowner-parents-face-a-dual-caregiving-crisis-302832278.html

SOURCE Unlock Technologies

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